Dividend and Income Fund
DNI
DNI was delisted on the 8th of October, 2020.
37 hedge funds and large institutions have $39.2M invested in Dividend and Income Fund in 2017 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
21% more capital invested
Capital invested by funds: $32.3M → $39.2M (+$6.92M)
16% more funds holding
Funds holding: 32 → 37 (+5)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.88M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.88M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$816K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$745K |
| 5 |
Citigroup
New York
|
+$569K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$385K |
| 2 |
RTS
Round Table Services
Westfield,
New Jersey
|
-$237K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$229K |
| 4 |
Morgan Stanley
New York
|
-$199K |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
-$157K |
DNI Hedge Fund Activity: Q1 2017 in Review
37 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Dividend and Income Fund (DNI) for Q1 2017, worth a combined $39.2M — up 21% from $32.3M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new DNI positions and 3 closed out — a net gain of 6 holders — while 11 added to existing stakes and 12 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $1.88M. The largest seller was Guggenheim Capital, cutting an estimated $385K.
- 37 institutional investors held Dividend and Income Fund (DNI) as of Q1 2017, up from 32 in Q4 2016.
- Funds reported $39.2M of Dividend and Income Fund stock for Q1 2017, up 21% quarter-over-quarter.
- 9 funds opened new Dividend and Income Fund positions in Q1 2017 and 3 closed out, a net change of +6 holders.
- The largest Dividend and Income Fund buyer in Q1 2017 was Saba Capital Management, an estimated $1.88M added.
- The largest Dividend and Income Fund seller in Q1 2017 was Guggenheim Capital, an estimated $385K sold.
Based on aggregated 13F filings for Q1 2017.